Debt collection refers to the work done to recover balances from credit accounts that are past due. Most commonly, debt collection specifically references third party debt collectors whose clients include banks, credit card issuers and other credit grantors, debt buyers, governments, and any organization that extends credit or owns an account where a balance is due. Collection methods traditionally include phone calls from call center agents, e-mails, and letters, and increasingly, SMS text. If an account remains in arrears after these efforts, the collection agency may contract with a collection attorney to file suit to recover the debt, if the collection agency is not positioned to do so.
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A Memo from Rep. Maxine Waters Suggests Stimulus Priorities, Ceasing Debt Collection
19 March 2020
An Incredible End to the Bad Reyes Saga: Court Vacates Certification and Summary Judgment Rulings and Dismisses Case!
19 March 2020
Attorney's Abandonment of Cases Calls into Question His Adequacy as Class Counsel
17 March 2020
7th Cir. Rejects Plaintiff’s FDCPA Arguments Regarding ‘Consumer’ Debt
16 March 2020
ERC Wins Sanctions Against Plaintiff and Plaintiff's Counsel, Court Awards Debt Collector its Defense Costs and Fees
11 March 2020
Complexity of Calculating Out of Stat Date Rears its Head in Maryland Court Decision
9 March 2020
Time-Barred Debt SNPRM Comment Clock Starts Ticking
2 March 2020
The Impact of the CFPB's Supplemental Proposed Rulemaking for Time-Barred Debt Disclosures is Greater Than What Appears
27 February 2020
Quick FDPCA Stats from the iA Case Law Tracker
27 February 2020
CFPB's Winter 2020 Supervisory Highlights Briefly Mention Debt Collection
18 February 2020
Whitepaper on Debt Collection Released by the Conference of State Bank Supervisors
13 February 2020
Judge Cancels $2.5M Jury Verdict Against Lexington Law, Instead Grants Judgment for the CRO
10 February 2020
House of Representatives Passes New Credit Reporting Legislation
30 January 2020
Idaho Seems Set to Review Legislative Proposal That Would Limit Medical Debt Collection
30 January 2020
He's Back: Cordray Working with California on Mini-CFPB
29 January 2020
New Jersey Bill Proposes Income-Based Repayment for Medical Debt
27 January 2020
Big Week in the 7th Circuit: Settlement Offers, Envelopes, Creditor ID, and More
23 January 2020
6th Cir. Holds Consumer Lacks Standing to Assert ‘Meaningful Involvement’ Claim, Not Every Technical Violation is Redressable
23 January 2020
Collection Oversight Expanding from Coast to Coast: Calif.’s Mini-CFPB and N.Y.’s Debt Collector Licensing
16 January 2020
2020: What’s on the Horizon for the Debt Collection Industry
6 January 2020